A NEW study prepared by British economists Helen Marques and Hugh Metcalf suggests that the current EU members may profit from EU enlargement through a migration of educated people from the southern and eastern European states to the west of Europe.
"There is a fear that a large number of workers from eastern Europe will come [to western Europe after enlargement] and push wages down. We think that this will not happen. Because customs and quotas have been eliminated, trade should grow. That will increase the demand for labour and the demand will exceed supply, which should lead to an increase in wages," Metcalf said to the Slovak daily Pravda.
The authors warned that, if western migration exceeds the existing conservative expectations, brain drain could have a long-term influence on the economies and real wages of eastern Europe.
Compiled by Martina Pisárová from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.
13. Apr 2004 at 10:23